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EasyJet rejects takeover bid and plans 1.2bn share sale

The low-cost airline said on Thursday that a recent takeover approach undervalued the business.

Costly testing could put travel out of reach for some, despite more relaxed rules, the airline says.

Government guidance on travel to amber list countries is "very confusing", says Johan Lundgren.

The airline's boss says research indicates allowing mass travel to much of Europe poses little risk.

The airline said it expects a pre-tax loss between 690-730m in the six months to 31 March.

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